SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Receive $0.05 Dividend

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Monday, October 5th. Investors of record on Thursday, October 29th will be paid a dividend of $0.0516 per share on Friday, October 30th. The ex-dividend date is Thursday, October 29th.

SATA Technology Stock Performance

NASDAQ:SATA opened at $100.01 on Tuesday. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.

Insider Buying and Selling

In other news, CMO Arshia Sarkhani sold 5,634 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $176,513.22. Following the sale, the chief marketing officer directly owned 11,795 shares in the company, valued at $369,537.35. This represents a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Benjamin Pham sold 4,209 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $131,867.97. Following the transaction, the chief financial officer directly owned 17,365 shares of the company’s stock, valued at approximately $544,045.45. This trade represents a 19.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 42,620 shares of company stock valued at $1,325,038.